As builders seek to offer buyers greater choice, residential condominium developments have become increasingly diverse. Consequently, condo corporations in Ontario include the traditional high and low rise apartment building and townhouse complexes as well as the so called, “vacant land” developments consisting of detached or semi-detached dwellings or mobile homes.
Regardless of the type of condo, each development is governed by a condominium corporation and a set of by-laws that, in many cases, can download significant insurance coverage requirements onto your clients, the individual unit owners.
Recommended for Personal Lines Insurance Brokers, In-House Underwriters, Brokerage personal lines managers and team leaders.
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